Startup profile · funding coverage
DriveWealth funding, valuation and investors
API-based brokerage infrastructure for embedded investing — fractional trading and securities rails for fintechs and brands.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series D
$450M · August 2021
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$450M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
growth · Chatham, NJ
Investors in latest funding
Lead: Insight Partners , Accel
Other: Point72 Ventures , SoftBank Vision Fund 2
Overview
DriveWealth provides API-based brokerage and clearing infrastructure enabling banks, fintechs, and consumer brands to offer securities trading and fractional investing. Founded in 2012 and headquartered at 97 Main Street, Chatham, New Jersey per SEC and FINRA filings. The company raised a $450M Series D in August 2021 at a $2.85B valuation, co-led by Insight Partners and Accel, with participation from Point72 Ventures, SoftBank Vision Fund 2, and others.
Why DriveWealth is interesting
Chatham, NJ fintech plumbing behind Cash App Investing, Revolut, and other embedded brokerage apps: DriveWealth's Aug 2021 Series D ($450M at $2.85B valuation, co-led by Insight Partners and Accel) shows NJ can host scaled capital-markets infrastructure — adjacent to Cross River's banking rails without being a chartered bank.
Product & use cases
DriveWealth's B2B platform lets partners embed securities trading, fractional shares, and advisory workflows via APIs — the brokerage layer behind many consumer investing apps.
- Neobanks and wallets adding stock trading
- Consumer brands embedding fractional investing
- Wealth platforms needing API-first brokerage infrastructure
Key facts
- HQ: 97 Main Street, Chatham, NJ (SEC/FINRA filings)
- Aug 2021 Series D: $450M at $2.85B valuation (DriveWealth press)
- API brokerage rails for fintechs, neobanks, and consumer brands globally
- Co-led by Insight Partners and Accel; Point72 and SoftBank Vision Fund 2 participated
Funding history (newest first)
Series D
2021-08 $450M- Insight Partners (lead)
- Accel (lead)
- Point72 Ventures (participant)
- SoftBank Vision Fund 2 (participant)
Source: https://www.drivewealth.com/2021/08/drivewealth-raises-450m-series-d-valuing-the-company-at-2-85b-2/
Investors in our directory
Funds linked from DriveWealth's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Regulated broker-dealer plus API distribution — partners ship investing features without building clearing and compliance from scratch.
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Alpaca direct
API brokerage infrastructure for fintechs.
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Apex Fintech Solutions direct
Clearing and custody for embedded investing.
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Interactive Brokers RIA/custody adjacent
Institutional custody alternative, less API-native.
Industries
Market / IPO context
Editorial / static context — not a live quote.
Related funding articles
Venture Capital Tracker pieces that cover DriveWealth's financing or category context.
FAQs about DriveWealth
Practical answers founders, operators, and investors typically search for.
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